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Magnum Magnetics Salary

Magnum Magnetics Salary

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As of October 2026, the average annual salary for employees at Magnum Magnetics in the United States is $67,474. This translates to an approximate hourly wage of $32. Salaries at Magnum Magnetics typically range from $59,340 to $76,566 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magnum Magnetics Pay for Different Roles?

Explore detailed salary information for specific jobs at Magnum Magnetics. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

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About Magnum Magnetics: Company Profile

Website
www.magnummagnetics.com
Founded In
1991
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
MARIETTA
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MAGNUM MAGNETICS
After opening our business doors in 1991, Magnum Magnetics completed its first run of flexible magnetic sheeting in May 1992. We started operations in a 10,000-square-foot building in Marietta, Ohio. After several expansions we now operate two manufacturing facilities in Ohio totaling 160,000-square-feet and produce a wide variety of flexible permanent magnet including sheeting, strip, and extrusi

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Magnum Magnetics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Schedules are consistent, and there's a positive culture that fosters respect, growth, and cooperation at every level. I’ve been promoted twice in five years because they reward performance and initiative. A great example of how manufacturing should be managed at this scale. The benefits package is competitive and comprehensive, supporting health and wellness. Employees enjoy working in a company ...
Commented in May 04, 2025
21
2
Team environment is great and communication is strong across departments. Modern equipment and up-to-date technology create a productive and innovative work environment. The tasks are repetitive, but manageable. Training is clear, goals are reasonable, and you’re rewarded for doing a good job. This predictability and fairness create a stable and trustworthy work environment where everyone feels th...
Commented in February 08, 2025
21
2
If you value routine and simplicity, you’ll be comfortable here. I’ve moved from operator to supervisor in three years, which speaks to their belief in promoting from within. This manufacturing firm provides stable employment and reasonable benefits.
Commented in January 26, 2024
21
1

How Magnum Magnetics's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Magnum Magnetics’s pay competitiveness. Click on a company for a deeper dive.

Is Magnum Magnetics’s Pay Competitive? Salary Benchmarking Analysis

How does Magnum Magnetics's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MAGNETICCOMPONENT $83,980
+24.5%
Adjusted for higher cost-of-living indices in MAGNETICCOMPONENT's primary metro hubs.
METAL WORKS OF HIGH POINT $72,550
+7.5%
Reflects structural premiums typical of METAL WORKS OF HIGH POINT's large-cap national operations.
MULTIPRENS USA $74,592
+10.5%
Supported by MULTIPRENS USA's high-margin contracts allowing higher overhead.
INDUSTRIAL MAGNETICS, INC. $70,387
+4.3%
Data suggests INDUSTRIAL MAGNETICS, INC.'s workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+80.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Magnum Magnetics.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from Magnum Magnetics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Magnum Magnetics salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Magnum Magnetics

FAQ 1: How much does Magnum Magnetics in the United States pay?
Magnum Magnetics pays its employees an average of $67,474 per year. The average salary at Magnum Magnetics range from $59,340 to $76,566 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
FAQ 2: Do Magnum Magnetics employees get a higher salary than its peer company?
The salary at Magnum Magnetics is lesser than its peer company. The average annual salary at Magnum Magnetics is $67,474, or an hourly wage of $32, in comparison to MAGNETICCOMPONENT which pays $83,980 per year or $40 per hour.
FAQ 3: How much does salary increase with years of experience at Magnum Magnetics?
Salary progression with years of experience at Magnum Magnetics is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Magnum Magnetics vary by office location?
Yes, it's very likely that salaries at Magnum Magnetics vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Columbus section provides more context.
FAQ 5: Does Magnum Magnetics offer good benefits?
Magnum Magnetics typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Magnum Magnetics" section on this page.

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